Macy's has a deal with St. Paul to keep its downtown store open there through 2012. After that …

The Pioneer Press reports that the St. Paul Macy's, though apparently profitable, has a pretty dim outlook for the future. Its parent company isn't local anymore and is focused on high-traffic locations, and St. Paul doesn't qualify as one of those.

One thing working in its favor: Selling the property in this market would probably be tough for Cincinnati-based Macy's.

The report also ponders the future of the site. Another retailer, like Kohl's or Herberger's, might fit the downtown St. Paul market better.

Mark Reilly manages daily and weekly coverage at the Business Journal newsroom.

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